Byju, NCLAT and Supreme Court

Supreme Court sets aside NCLAT order stopping insolvency process against Byju’s
The Supreme Court also directed that Byju's settlement amount of Rs 158 crore with BCCI, be deposited with a committee of creditors.
India’s Supreme Court overturns NCLAT order, reinstates Byju’s insolvency proceedings
In the petition, it alleged that Byju’s had defaulted on payments related to a sponsorship agreement. In response, NCLT went on to initiate the Corporate Insolvency Resolution Process (CIRP), which was later suspended when the NCLAT approved a settlement between Byju’s and BCCI.
Setback for Byju’s as Supreme Court restores insolvency case, raps NCLAT for overreach
The Supreme Court restored insolvency proceedings against Byju’s, overturning the NCLAT’s decision to halt the case. The court criticized NCLAT for procedural overreach, underscoring the need to follow IBC protocols,
Supreme Court Sets Aside NCLAT Order Which Closed Insolvency Process Against Byju's Based On Settlement With BCCI
The Supreme Court today (October 23) set aside the order of the National Company Law Appellate Tribunal which closed the insolvency proceedings against ed-tech company Byju's (Think and Learn Pvt Ltd) accepting a settlement between it and the Board of Control for Cricket in India (BCCI) for about Rs 158 crores.
Court Rejects Byju’s Settlement, Paving Way for Insolvency
India’s top court struck down a bankruptcy tribunal’s order that allowed Byju’s to settle debts with a key creditor, pushing the online tutor back firmly into the insolvency process.
Supreme Court has this 'huge setback' for Byju's
The Supreme Court has overturned a prior NCLAT decision that halted insolvency proceedings against Byju's, criticising NCLAT for overstepping its authority. The court ruled that the insolvency resolution professional,
SC sets aside NCLAT order halting insolvency proceedings against Byju's
Supreme Court reverses NCLAT order on Byju's insolvency, directs BCCI to deposit Rs 158.9 crore with creditors.
SC Sets Aside NCLAT Order Halting Insolvency Proceedings Against Ed-Tech Firm Byju's
A bench of Chief Justice D Y Chandrachud, and Justices J B Pardiwala and Manoj Misra also reversed the order of the NCLAT approving Byju's Rs 158.9 crore dues settlement with the Board of Control for Cricket in India (BCCI) and directed the cricket board to deposit the settlement amount of Rs 158.
Supreme Court sets aside NCLAT ruling on Byju's settlement with BCCI
A bench headed by Chief Justice of India DY Chandrachud said there were procedural lapses in the settlement process, which happened without the approval of insolvency resolution professional Pankaj Srivastava who was appointed by the National Company Law Tribunal (NCLT) on July 16 to manage the company’s affairs.
Supreme Court sets aside NCLAT order stopping insolvency proceedings against Byju’s: A timeline of the case
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Supreme Court sets aside tribunal order stopping insolvency process against Byju's
A three-bench headed by Chief Justice of India DY Chandrachud directed that the settlement amount maintained in a separate escrow account pursuant to the stay of the NCLAT order, will have to be deposited into the escrow account of the Committee of Creditors.
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